OK, not seeing this as the end of the world, but there are some troubling things (based on what I see in Portland and watching news):1) No inventory means in PDX people are reaching beyond FMV on housing and abetted by cheap loans2) Debt service issues - I'll take the extreme, look at retail in NYC, there's lots of space empty at $80/SqFt.  

.), but I am thinking about getting an associate's degree in Construction Management Tech to gain expertise and knowledge in the field, and ideally find a W2 role to help me peek behind the curtain and gain some real world experience and additional networking. 

I also coached thousands of real estate agents and property managers across the world.

The thing is, I plan on keeping this tri-plex so a higher build cost would mean less equity pull out on the refinance which isn't the worst thing in the world.

Many years before that in the Civil Engineering and Land Development world.

@Forrest Faulconer Baby Boomers are to blame for all of the world's crises.

It's a whole new world flipping and building from scratch.

I know what makes a succesful theme park, I just don't know about how it works to build them.Hope you can help point me in the right direction for webinars, articles, courses, knowledgable people or anyone who has done this before.Regards DaanSmall theme parks are built all the time alll over the world. 

Background: I am new to the investing world with only 1 renovated 3-flat in Chicago and 15k in savings.

If you were to quickly analyze this park through the lens of selling all the homes to residents, it would look something like this:23 lots x $400/mo x 12 months = $110,400 (gross income)$110,400 x .6 = $66,240 (removes 40% for expenses)$66,240 / $1,300,000 = 5% cap rateOf course you still have the value of the 23 homes as well, so if you place a real world value (what you could really sell them for) on each home, you would take that out of the sales price before you calculate the cap rate.